Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 214 contracts
Samples: Securities Assignment Agreement (GP-Act III Acquisition Corp.), Securities Assignment Agreement (GP-Act III Acquisition Corp.), Contribution Agreement (GP-Act III Acquisition Corp.)
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 132 contracts
Samples: Subscription Agreement (Eureka Acquisition Corp), Subscription Agreement (Spark I Acquisition Corp), Subscription Agreement (Spark I Acquisition Corp)
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 115 contracts
Samples: Subscription Agreement (EQV Ventures Acquisition Corp.), Global Lights Acquisition Corp (Global Lights Acquisition Corp), Ogier Global (ClimateRock)
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 36 contracts
Samples: Future Vision II Acquisition Corp., Graf Global Corp., Helix Acquisition Corp. II
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3Article V, then after such time the Subscriber Buyer (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 15 contracts
Samples: Securities Subscription Agreement (Agriculture & Natural Solutions Acquisition Corp), Securities Subscription Agreement (Agriculture & Natural Solutions Acquisition Corp), Securities Subscription Agreement (Nabors Energy Transition Corp. II)
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 12 contracts
Samples: Bold Eagle Acquisition Corp., HCM II Acquisition Corp., HCM II Acquisition Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 34, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 10 contracts
Samples: Horizon Space Acquisition II Sponsor Corp., ST Sponsor II LTD, Horizon Space Acquisition II Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3forfeited, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 7 contracts
Samples: AfterNext HealthTech Acquisition Corp., TPG Pace Tech Opportunities II. Corp., TPG Pace Beneficial II Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), ) shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 5 contracts
Samples: Securities Subscription Agreement (Ribbon Acquisition Corp.), Securities Subscription Agreement (DT Cloud Star Acquisition Corp), Lazard Fintech Acquisition Corp. I
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 4 contracts
Samples: Sculptor Acquisition Corp I, SPGL Acquisition Corp, Itiquira Acquisition Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited surrendered Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Peridot Acquisition Corp. III), Securities Subscription Agreement (Peridot Acquisition Corp. III), Archimedes Tech SPAC Partners II Co.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), ) shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 4 contracts
Samples: Mars Acquisition Corp., TLGY Acquisition Corp, Angel Pond Holdings Corp
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 33 or any Forfeiture Agreement, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 4 contracts
Samples: Aimfinity Investment Corp. I, Denali Capital Acquisition Corp., Denali Capital Acquisition Corp.
Termination of Rights as Shareholder. If any of the Founder Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or its successor in interest), shall no longer have any rights as a holder of such forfeited Founder Shares, and the Company shall take such action as is appropriate to cancel such forfeited Founder Shares.
Appears in 4 contracts
Samples: Plum Acquisition Corp, IV, Black Dragon Acquisition Corp. I, Concord Acquisition Corp III
Termination of Rights as Shareholder. If any of the Purchased Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), ) shall no longer have any rights as a holder of such forfeited Purchased Shares, and the Company shall take such action as is appropriate to cancel such forfeited Purchased Shares.
Appears in 4 contracts
Samples: Israel Amplify Program Corp., Israel Amplify Program Corp., Israel Amplify Program Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 3 contracts
Samples: Austerlitz Acquisition Corp I, Austerlitz Acquisition Corp II, 1.12 Acquisition Corp
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered and cancelled in accordance with this Section 3, then after such time the Subscriber (or successor in interest), ) shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 3 contracts
Samples: ESH Acquisition Corp., EG Acquisition Corp., Sarissa Capital Acquisition Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (Subscriber, or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 3 contracts
Samples: CCIF Acquisition Corp., CCIF Acquisition Corp., CCM Acquisition Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited surrendered and canceled in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 3 contracts
Samples: Securities Subscription Agreement (SDCL EDGE Acquisition Corp), Tio Tech A, Rocket Internet Growth Opportunities Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 2 contracts
Samples: Rigel Resource Acquisition Corp., FirstMark Acquisition Corp. III
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3III, then after such time the Subscriber (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 2 contracts
Samples: Securities Subscription Agreement (VPC Impact Acquisition Holdings II), Securities Subscription Agreement (VPC Impact Acquisition Holdings)
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or Initial Shareholder or other successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 2 contracts
Samples: Crypto 1 Acquisition Corp, Crypto 1 Acquisition Corp
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares. The Subscriber shall forthwith surrender the Shares and the share certificates to the Company without consideration.
Appears in 1 contract
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares. 4.
Appears in 1 contract
Samples: G Squared Ascend I Inc.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber Purchaser (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and Purchaser and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 1 contract
Samples: Battery Future Acquisition Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber Investors (or any successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 1 contract
Termination of Rights as Shareholder. If any of the Purchased Shares are forfeited in accordance with this Section 33 or Section 6 hereof, then after such time the Subscriber (or successor in interest), ) shall no longer have any rights as a holder of such forfeited Purchased Shares, and the Company shall take such action as is appropriate to cancel such forfeited Purchased Shares.
Appears in 1 contract
Samples: Israel Amplify Program Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited SharesShares and the Company shall take such action as is appropriate to cancel such Shares which may include by way of the compulsory redemption and cancellation of such Shares for nil consideration.
Appears in 1 contract
Samples: Atlantic Alliance Partnership Corp.
Termination of Rights as Shareholder. If any of the Shares are forfeited cancelled in accordance with this Section 3, then after such time the Subscriber Subscribers (or successor their successors in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 1 contract
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 3, then after such time time, the Subscriber (or successor in interest), ) shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate to cancel such forfeited Shares.
Appears in 1 contract
Termination of Rights as Shareholder. If any of the Shares are forfeited in accordance with this Section 32.6, then after such time the Subscriber Buyer (or its successor in interest), shall no longer have any rights as a holder of such forfeited Shares, and the Company shall take such action as is appropriate and necessary to cancel such forfeited Shares. In addition, the Buyer hereby irrevocably grants the Company a limited power of attorney for the purpose of effectuating the foregoing and agrees to take any and all action reasonably requested by the Company necessary to effect any adjustment in this Section 2.6.
Appears in 1 contract
Samples: Form of Securities Purchase Agreement (China Growth Equity Investment LTD)
